Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME/(LOSS) (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME/(LOSS) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Revenue:    
Fee and commission income $ 22,592 $ 5,428
Net gain/(loss) on trading securities 2,562 (3,288)
Interest income 4,131 7,372
Net loss on foreign exchange operations (36) (2,110)
TOTAL REVENUE, NET 29,249 7,402
Expense:    
Interest expense 3,608 4,614
Fee and commission expense 4,031 764
Operating expense 12,685 9,111
(Recovery)/provision for impairment losses (1,073) 6
Other expense/(income), net 308 (60)
TOTAL EXPENSE 19,559 14,435
NET INCOME/(LOSS) BEFORE INCOME TAX 9,690 (7,033)
Income tax (expense)/benefit (1,476) 150
NET INCOME/(LOSS) 8,214 (6,883)
OTHER COMPREHENSIVE INCOME/(LOSS)    
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect 0 22
Foreign currency translation adjustments, net of tax effect 643 (6,698)
COMPREHENSIVE INCOME/(LOSS) $ 8,857 $ (13,559)
BASIC NET INCOME/(LOSS) PER COMMON SHARE (In U.S. Dollars) $ 0.14 $ (0.12)
DILUTED NET INCOME/(LOSS) PER COMMON SHARE (In U.S. Dollars) $ 0.14 $ (0.12)
Weighted average number of shares (basic) 58,052,656 58,033,212
Weighted average number of shares (diluted) 58,249,344 58,191,542